2024 NZD to GNF Historical Review

YEARLY HIGH

5489.7025 GNF

YEARLY LOW

4834.8005 GNF

YEARLY AVERAGE

5210.3918 GNF

2024 NZD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 5489.7025. Conversely, the yearly low was recorded on December 31, dropping to 4834.8005.

This high-to-low spread represents a total annual volatility of 654.9020 GNF. From a start-to-finish perspective, comparing the January average rate of 5306.9459 to the December average rate of 4952.5633, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5489.7025 was down 3.88% compared to the 2023 peak of 5711.2002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 27,448,512 GNF

2023 Average 26,469,065 GNF

Yearly Trough Low 24,174,002 GNF

Transaction Impact: A difference of 3,274,509.99 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5422.7250

4909.8213

JanuMarcMayJulySeptNove

NZD to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 5234.7437, compared to 5186.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.7038 points.

H1 Avg (Jan–Jun) 5234.7437

H2 Avg (Jul–Dec) 5186.0399

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 323.6114 GNF (High: 5412.4766 / Low: 5088.8652). On the other end, June was the most stable month, with a tight range of 102.0047 GNF (High: 5334.4726 / Low: 5232.4678).

August Spread (Volatile) ±323.6114

June Spread (Stable) ±102.0047

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 151.9490 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -151.9490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5379.9830) against the same month in 2023 (average: 5101.0419), the exchange rate shifted by +278.9411 (+5.47%).

2024 Avg (September) 5379.9830

2023 Avg (September) 5101.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5444.5120	5217.9409	5306.9459
February	5330.4914	5208.1660	5271.7225
March	5313.2534	5121.9997	5220.7638
April	5212.1730	5054.6647	5114.6589
May	5288.2847	5099.4824	5216.5026
June	5334.4726	5232.4678	5277.8684
July	5290.3724	5066.7307	5193.6947
August	5412.4766	5088.8652	5244.9215
September	5489.7025	5299.6289	5379.9830
October	5448.7742	5148.9608	5248.5130
November	5193.1080	5014.1127	5096.5640
December	5084.3507	4834.8005	4952.5633